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  • Macro - Chp02

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    Eren Gündüz
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    The document provides information about calculating Gross Domestic Product (GDP) using the income approach for Turkey in 2019. It lists the components of GDP by income including compensation of employees at 31.35% of GDP, taxes on production at 0.62% of GDP, subsidies on production at -1.49% of GDP, and gross operating surplus/mixed income at 59.61% of GDP. Consumption of fixed capital was an additional 16.85% of GDP, leaving net operating surplus/mixed income at 42.75% of GDP.

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    The document provides information about calculating Gross Domestic Product (GDP) using the income approach for Turkey in 2019. It lists the components of GDP by income including compensation of employees at 31.35% of GDP, taxes on production at 0.62% of GDP, subsidies on production at -1.49% of GDP, and gross operating surplus/mixed income at 59.61% of GDP. Consumption of fixed capital was an additional 16.85% of GDP, leaving net operating surplus/mixed income at 42.75% of GDP.

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    13 views39 pages

    Macro - Chp02

    Uploaded by

    Eren Gündüz
    The document provides information about calculating Gross Domestic Product (GDP) using the income approach for Turkey in 2019. It lists the components of GDP by income including compensation of employees at 31.35% of GDP, taxes on production at 0.62% of GDP, subsidies on production at -1.49% of GDP, and gross operating surplus/mixed income at 59.61% of GDP. Consumption of fixed capital was an additional 16.85% of GDP, leaving net operating surplus/mixed income at 42.75% of GDP.

    Copyright:

    © All Rights Reserved
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    of 39

    Gazi University

    Department of Industrial Engineering


    IE 211 General Economics
    • The lecture notes are adapted from the power point slides of the
    textbook
    Chapter 2
    Measuring National Output and National Income
    Gross Domestic Product
    Final Goods and Services
    Exclusion of Used Goods and Paper Transactions
    Exclusion of Output Produced Abroad by Domestically Owned Factors of Production
    Calculating GDP
    The Expenditure Approach
    The Income Approach
    Nominal versus Real GDP
    Calculating Real GDP
    Calculating the GDP Deflator
    The Problems of Fixed Weights
    Limitations of the GDP Concept
    GDP and Social Welfare
    The Informal Economy
    Gross National Income per Capita
    Turkey GDP 2019 by Income Approach

    TL % of GDP
    Gayrisafi yurtiçi hasıla Gross Domestic Product 4,320,191,227 100.00

    Ürün üzerindeki vergi eksi sübv. Taxes less subsidies on products (+) 428,247,723 9.91

    Gayrisafi katma değer Gross Value Added 3,891,943,504 90.09


    İşgücüne yapılan ödemeler Compensation of employees (+) 1,354,320,671 31.35
    Üretim üzerindeki vergiler Taxes on production (+) 26,716,587 0.62
    Üretim üzerindeki sübvansiyonlar Subsidies on production (-) 64,182,457 1.49

    İşletme artığı/karma gelir; brüt Gross operating surplus/mixed income 2,575,088,703 59.61
    Sabit sermaye tüketimi Consumption of fixed capital (+) 728,153,296 16.85
    İşletme artığı/karma gelir; net Net operating surplus/mixed income 1,846,935,407 42.75

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